11021 STANMORE DR
About This Property
Opportunity awaits in Potomac Falls. Current house should be torn down or completely gutted.
Just over 2.5 acres backing creek and bridle trail, an easy hike to Great Falls and C&O Canal.
Sold strictly, as is.
Sellers would prefer a quick settlement and the right to remain in the house for 60 days.
Appointment only.
The current house is 7 bedrooms and 7.5 bathrooms, but septic bedrooms allowance is unknown.
Offers, if any, due 10 AM, 3/12
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by Compass | $1,450,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017